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Market News June 25, 2023

SEBA Bank exec: Rising institutional interest is bullish sign for cryptocurrencies

Nasha Afshar, director of SEBA Bank and Chartered Financial Analyst, said that as more institutions move from merely showing interest in the cryptocurrency space to actually investing in Web3 projects, it becomes a question of when, not if, to get into cryptocurrency. The problem.

When the market is in a bull run, many people express interest in the cryptocurrency space. If you look at the institutional interest and adoption now compared to what was then, I think there were more players coming into the space and interested in it.

SEBA Bank executives believe that with a shift not just in thinking but in action, the industry will grow bigger.

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